American Rare Earths Limited announced that Mr. Kenneth (Ken) H. Traub has joined the Board of Directors of the Company. Mr. Traub has over 30 years of experience as a CEO, chairman, director, investor, and consultant in public companies with a successful track record of driving strategic, financial, operational and governance improvements to enhance shareholder value. His appointment to ARR?s Board is a highly valued addition as the company expands its presence in the United States.

Since 2019, Mr. Traub has been serving as the Managing Partner of Delta Value Advisors, a strategic consulting and investment advisory firm, specialising in corporate governance and turnarounds. Mr. Traub also currently serves on the Board of Directors and is Chairman of the Nominating and Corporate Governance Committee of Tidewater Inc. Mr. Traub's extensive public company board experience includes: (i) American Bank Note Holographics, as President, CEO and director with over 1000% increase in shareholder value, (ii) Voxware Inc., as cofounder, EVP, CFO and director with over 3000% increase in shareholder value for the original investors through IPO, (iii) MRV Communications Inc., as Chairman of the Board, (iv) DSP Group Inc., as Chairman of the Board, (v) Intermolecular Inc., as Chairman of the Board, (vi) Phoenix Technologies Inc., (vii) iPass Inc., (viii) MIPS Technologies Inc., (ix) Xyratex Limited, (x) Vitesse Semiconductor Corporation, (xi) Athersys Inc., (xii) A. M. Castle & Co., (xiii) IDW Media Holdings, (xiv) Immersion Corporation, and (xv) Gulfmark Inc. Mr. Traub received the Certified Director designation from the National Association of Corporate Directors in 2023. Mr. Traub is also active in the Young Presidents Organisation and World Presidents Organisation, leading global networks of business leaders, having served as Chapter Chairman and Education Chairman.

Mr. Traub received a BA from Emory College in 1983 and an MBA from Harvard Business School in 1988.